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REDDIT
PAVS undergoing a squeeze? +85% in 5 days, high days to cover, low shares available to borrow
PAVS recently has moved 85% in 5 days.
Currently has a huge 7.54 days to cover. Since the reverse split they have an average volume of 51,000 per day. Today was 2.25m
With today’s volume being 2.25m and short interest being 365k then this might signal that shorts have covered, however the number of shares available is only 9k.
Mixed signals as the days to cover is based on average volume not days like today however there are very few shares to borrow which indicates that not all shares have been covered